Personal budget At the beginning of the school year, Craig Kover decided to prepare a cash budget for the months of September, October, Novembes, and December. The budget must plan for enough cash on December 31 pay the spring semester tuition, which is the same as the fall tuition, The flowing information relates to the budget Cash balance, September 1 (from a summer job) Purchase season football tickets in September Additional entertainment for each month Pay fall semester tuition in September $7,130 100 250 3,900 340 190 Pay apartment deposit on September 2 (to be returned December 15) 500 800 Pay rent at the beginning of each month Pay for food each month Part-time job earnings each month (net of taxes) Prepare a cash budget for September, October, November, and December, Use the minis sign to indicate cash outflows, a decrease in cash or cash payments. Line Item Description Estimated cash receipts from Craig Kovar Cash Budget For the Four Months Ending December 31 September October November December Faritime job Remunt Total cash receipts Less estimated cash payments for Sason football tickets Ext Capost Total cash payments Cash increase (decrease) the sash balance al begooing of meth Cash balance at end of month 500 N 100 X 250 X X BB